Trade The World
EUR/USD: Risks skewed to the upside for now – OCBC
Ni FXStreet Insights Team
Petsa ng Pag-publish: 7 Aug 2025 | Petsa ng Pag-edit: 7 Aug 2025
POPULAR ARTICLES
Euro (EUR) continued to trade higher amid USD softness. Pair was last at 1.1684 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Euro (EUR) continued to trade higher amid USD softness. Pair was last at 1.1684 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Range-bound on the day
"Mild bearish momentum on daily chart faded fast while RSI rose. Range-bound with risks skewed to the upside for now. Resistance at 1.1780 and 1.1830 (2025 high). EUR bulls need to clear these levels to see EUR bulls gain further traction. Support at 1.1600/30 (21, 50 DMAs), 1.1400/10 (38.2% fibo retracement of Mar low to Jul high, 100 DMA)."
FXStreet
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Read More
